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Gold/Mining/Energy : Uranium Stocks -- Ignore unavailable to you. Want to Upgrade?


To: Tommaso who wrote (11131)5/14/2007 3:23:15 PM
From: chowder  Respond to of 30229
 
>>> In mid-April EFR is a great stock and in mid-May everything has changed? <<<

Absolutely! Price went up over 20% from the February analysis. Price went from $4.50 (my first message) up to $5.50, in what ... 7 to 8 weeks?

Sounds like a good price move to me.

Unlike you, I don't hold when price reverses. I don't like to fight for the same ground twice. I always use trailing stops ... never an exception.

When price turns, I take the profits and move on.

Price has gone from $5.50 to $2.90 in 4 weeks and you don't think anything has changed? (Shaking his head is dismay.)



To: Tommaso who wrote (11131)5/14/2007 3:26:17 PM
From: PaulRLess  Read Replies (1) | Respond to of 30229
 
One majour thing has changed. On April 16 17.2M shares @ $1.75 along with 8.6M warrants @ $2.20 & 1.2M broker warrants @ $1.75 became free trading from the Dec. 14/06 PP. Add to this 1.2M warrants @ $0.75 expiring May 25 & you have massive selling pressure. All of this at an unfavorable time for U stocks! I am looking for a bottom sometime next week & am planning on adding then. Hope this helps.